About to hit $3 again... what now, Proudhoun???? (n/t)

[adamstgBit]

Its going to drop back down to low 2's

someone is going to dump 250,000 coins at one point.

i didnt buy as many as i want at low 2's    , someone dump coins... pretty please 

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[bittenbob]

Its going to drop back down to low 2's

someone is going to dump 250,000 coins at one point.

I doubt it seeing as not too many people have that many coins and those that do probably wouldnt want to do that. Im guessing we seen a few big dumps after the 3.09 but to do in one big dump is silly. We are heading north of $3 for a while I say.

[neptop]

I think it's a psychological thing. If it possible to keep it above for like 24 hours the prices may settle at least at 3.2. The isn't a huge opposition in form of offers in the 3 area. We may even go through to ~4, but I doubt it will go above 4 USD for at least a few weeks, because that's where mining becomes actually profitable. So the price would quickly come down again - for a while at least. So, another spike.

[molecular]

$3 will probably be the new floor but it doesnt mean we wont cross back and forth slightly for a little while, while people are pondering if its too good to be true. If its above $3 at market close then the floor will probably solidify. From here on out whatever happens is anyones game.

Market close? What market close?

[bittenbob]

I meant when bitcoin charts calls the day at 0:00GMT